Units: 4
Hours: Lecture, 3 hours; extra reading, 3 hours
Catalog page 588
Prerequisites: ECON 003 with a grade of C- or better
Description: Examines policies affecting food and agriculture. Integrates economic theory, empirical analysis, and policy applications for assessing domestic and global policies. Applies introductory supply and demand analysis, welfare economics, and trade models to evaluate effects of subsidies, tariffs, environmental programs, and market regulations on producers, consumers, and society.